On July 17th, Chongqing Foreign Trade & Economic Relations Commission released that Chongqing’s services trade revenue amounted to 5.1 billion USD in the first half of this year, a y-o-y increase of 21%.

It is said that in the first half of this year, Chongqing service trade import value amounted 3 billion USD, the export value 2.1 billion USD. The main import and export countries and areas are America, Hongkong China, Canada, Great Britain and Japan. Import and export value of America and Hongkong occupied 38% and 19% respectively of the total value. And the modern services industry occupied 46% of the total value, traditional tourism 20%, transportation 16%; among the modern services, patent license fee and computer information services occupied 25% and 7% respectively.  

What’s worth to mention is that in the first half of the year, contract amount of offshore outsourcing of the whole city reached 0.55 billion USD, execution amount reached 0.52 billion USD. Among them, the amount of KPO, which represents the high-end business, was 0.316 billion USD, with an occupation of 60%, the amount of ITO, which represents medium business, was 980 million USD, with an occupation of 19%, and the amount of BPO, which represents the low-end business, was 1080 million USD, with an occupation of 21%.